Preheat oven to 350 degrees. Mix together in a bowl the flour, baking soda, baking powder, salt and sugar. Cut in the butter. Make a well in the middle of the mixture and add the caraway seeds, raisins, beaten egg and buttermilk. Mix until well blended. Do not overbeat.

Divide dough into 2 portions for 2 small loaves, or make 1 large loaf. Grease a cookie sheet and dust with flour. Form dough into desired number of loaves. Bake on cookie sheet for about 40 minutes.